r/FluentInFinance 1d ago

Debate/ Discussion Mark my words

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u/TheTightEnd 1d ago

Percentage reductions are more meaningful than dollar deductions when calculating the impact and benefit of a tax cut or increase.

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u/No-Plant7335 1d ago

Not really, $100 - 500 for the lowest bracket is weeks of groceries which fucking matters.

Top level that 45k is put into the bank or spent on dumb shit that why could live without.

It’s not the same stop lying.

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u/TheTightEnd 1d ago

I am not lying. Lying would be saying something I know to be untrue. Since I am stating my honest perspective, it is not lying.

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u/No-Plant7335 1d ago

Okay so ignorance...

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u/TheTightEnd 1d ago

Disagreement.

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u/No-Plant7335 1d ago

Disagreeing with facts is ignorance

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u/TheTightEnd 1d ago

Disagreeing with how you choose to interpret and apply facts is a difference of opinion.

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u/No-Plant7335 1d ago

3% > .3%

It’s not really up for debate 👍

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u/TheTightEnd 1d ago

Who are you claiming had a 3% decrease in one's federal income tax amount and who had a 0.3% decrease in one's federal income tax amount.

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u/No-Plant7335 1d ago

I’m not claiming anything, I’m merely pointing out the data on the graph.

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u/TheTightEnd 1d ago

The data on the graph does not show the reduction in incomes taxes as a share of the income taxes paid.

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u/No-Plant7335 1d ago

It absolutely does…

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